The melt up continues. Yesterday the S&P closed at 2152, and this morning the futures have gone green once again. This run up has been extremely powerful, and quite frankly...almost unbelievable. It asks the question, who's buying all this?

The reports continue to show that money has been leaving the equity markets for 18 weeks. ETF flows are down 20% year over year. Yet the market has blasted to all time highs.

Like many I decided to watch the debates last night...and for once they had some really bright spots. I have a lot of distain for CNBC and their left leaning John Harwood, and I wasn't terribly comfortable with CNBC interviewing "conservatives". Sure enough they were asking ridiculous questions to attack their character and FINALLY The candidates pushed back, mocking CNBC for playing for the Democrats.

It was really a wonderful piece of timing for me; that my friend and partner Phil Grande from philsgang.com decided to send me an article he’d like to express. My wife and I were going to be pretty tied up this weekend with some travel, so having an interesting article to publish was mighty handy. So with no further ado, here’s Phil with today’s commentary….

AMERICANISM vs QUANTITATIVE EASING; CHARTING vs FUNDAMENTALS

With just 13 days left from this writing before the senate race; who would ever think that under the leadership of the democrats and President Obama (our “liar “N” chief) who’s cornerstone of his administration is lying , deception and deceit (which is exemplified by his recent statement “by almost every measure we are better off than the day he took office”) while his record shows more lies and deceit and quite the opposite facts: